🚨 Zcash’s NU7 Upgrade Nears Decision—But ZEC Is Still Correcting Hard
Zcash’s NU7 upgrade is live on public testnet. It aims to cut average block time from 75 seconds to 25 seconds and introduce a Network Sustainability Mechanism that recycles part of transaction fees into future block rewards.
The catch: NU7 is not confirmed for mainnet yet. Developers are expected to make the final activation decision around October 20; the reported target is November 5, pending test results.
The takeaway: ZEC’s near-term catalyst is the upgrade decision—not a completed launch. Zcash remains a privacy-focused digital currency that can shield transaction details through its Orchard technology.
$ZEC
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#Zcash #crypto
Not financial advice. DYOR.
Zcash’s NU7 upgrade is live on public testnet. It aims to cut average block time from 75 seconds to 25 seconds and introduce a Network Sustainability Mechanism that recycles part of transaction fees into future block rewards.
The catch: NU7 is not confirmed for mainnet yet. Developers are expected to make the final activation decision around October 20; the reported target is November 5, pending test results.
The takeaway: ZEC’s near-term catalyst is the upgrade decision—not a completed launch. Zcash remains a privacy-focused digital currency that can shield transaction details through its Orchard technology.
$ZEC
.
.
.
.
#Zcash #crypto
Not financial advice. DYOR.